Blackstone names real estate chief Gray president in succession move

NEW YORK (Reuters) - Blackstone Group LP said on Tuesday that Jonathan Gray, who turned the buyout firm into the world's biggest real estate investor as head of its property business, will take over from Tony James as president, setting him up as succ...

NEW YORK (Reuters) - Blackstone Group LP said on Tuesday that Jonathan Gray, who turned the buyout firm into the world's biggest real estate investor as head of its property business, will take over from Tony James as president, setting him up as successor to Chief Executive Stephen Schwarzman.